Basis point
Also written bp, bps.
Basis points. One basis point is 0.01 of a percentage point.
Definition
One hundredth of a percentage point. Yield spreads and rate moves are quoted in basis points; a move from 4.50% to 4.75% is 25 basis points.
Definitions describe how YieldDesk reads the term. Nothing on this page is investment advice or a recommendation to buy, sell or hold.